The launch of the Investor Community was announced by David S. Rose at SXSW. Since the announcement entrepreneurs have been busy filling out their applications to take advantage of this new funding resource.

If you missed his announcement, here’s the rundown. Over 400 groups worldwide use Angelsoft to mange their deal flow. If you have applied to an Angel Group online in the past, you probably already have an Angelsoft account.

Up until now, entrepreneurs would need to go to each Angel Groups website to apply. We received hundreds of emails from entrepreneurs asking us, “How can I access ALL of the Angel Groups that use Angelsoft”

We decided to respond with the Investor Community. The short explanation is that it allows you to get your company in front of all 400 groups and 6000 Angels at once.

When you apply to the Investor Community, your application is posted in a section of Angelsoft that is available to all of the Angels that use our system.

When the Angels click on a deal they are presented with the application you filled out along with your video pitch. If an Angel is interested in a deal they can “refer” that deal into their own group for review. Check your Application Manager to see how many views your application has received and if it has been referred into any groups.

Jason D. Schwartz :: Apr.16.2008
Entrepreneur, Investor Community